Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Plug Power's share price for the quarter that ended in Dec. 2023 was $4.5. Plug Power's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 606.1 Mil. Therefore, Plug Power's market cap for the quarter that ended in Dec. 2023 was $2,727.6 Mil.
Plug Power's quarterly market cap
declined
from Jun. 2023 ($6,252.7 Mil) to Sep. 2023 ($4,600.9 Mil) and
declined
from Sep. 2023 ($4,600.9 Mil) to Dec. 2023 ($2,727.6 Mil).
Plug Power's annual market cap
declined
from Dec. 2021 ($16,307.2 Mil) to Dec. 2022 ($7,302.6 Mil) and
declined
from Dec. 2022 ($7,302.6 Mil) to Dec. 2023 ($2,727.6 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Plug Power's Enterprise Value for Today is $2,482.9 Mil.
Plug Power Market Cap Historical Data
The historical data trend for Plug Power's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electrical Equipment & Parts subindustry, Plug Power's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Plug Power's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Plug Power's Market Cap distribution charts can be found below:
* The bar in red indicates where Plug Power's Market Cap falls into.
Plug Power Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Plug Power's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Plug Power (NAS:PLUG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Plug Power Market Cap Related Terms
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Plug Power is building an end-to-end green hydrogen ecosystem—from production, storage and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets—including material handling, e-mobility, power generation, and industrial applications.
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